Happy Friday, all! Real Estate Investors and anyone involved in the foreclosure process is aware that a “full credit bid” at the foreclosure sale by the bank/mortgage holder “extinguishes the underlying debt.” You can check out my prior posts on this subject. A case that has been on appeal for years is Bank of AmericaContinue reading “Real Estate Law Update: Michigan Supreme Court Holds Full Credit Bid did not Bar Contract Claim against Third-Party.”
Category Archives: business
Landlords & Property Managers: Time to Review your Tenant Applications – Beware Blanket Bans on Renting to those with Criminal Convictions
“Private landlords who have blanket bans on renting to people with criminal records are in violation of the Fair Housing Act and can be sued and face penalties for discrimination.” The New York Times Also check out theABAJournal According to the Times article ” In particular, blanket bans violate fair housing law because they have aContinue reading “Landlords & Property Managers: Time to Review your Tenant Applications – Beware Blanket Bans on Renting to those with Criminal Convictions”
Michigan Business Law Update on Non-Competition Agreements.
I received a question in response to a recent post on non-competition legislation. The question was: “are non-competition agreements unenforceable in Michigan?” I will give you the typical lawyer answer: “it depends“. In theory, CNCs are enforceable in Michigan. Under certain circumstances, they are not. A February 18, 2016 unpublished Michigan Court of Appeals decision is helpful to illustrate whenContinue reading “Michigan Business Law Update on Non-Competition Agreements.”
Business Litigation News: Dispute Resolution…Online?
The ABAJournal reported on “Online Dispute Resolution” (“ODR”) Is online dispute resolution the wave of the future? In the past, I’ve posted about the benefits of alternative dispute resolution for businesses. The primary benefit: litigation is expensive! According to the ABAJournal, Colin Rule, the founder of an online dispute resolution software, Modria, had this to sayContinue reading “Business Litigation News: Dispute Resolution…Online?”
Michigan Entrepreneurs and Start-ups: House Resolution Supports Crowdfunding for Start-up Businesses
On March 3, Representative Tom Barrett introduced House resolution 235 (HR 235). Today HR 235 was on the agenda for the Commerce and Trade Committee Meeting. HR 235 is a “resolution to support the United States Securities and Exchange Commission’s recent adoption of rules pursuant to Title III of the JOBS Act which are designed to facilitate small and start-upContinue reading “Michigan Entrepreneurs and Start-ups: House Resolution Supports Crowdfunding for Start-up Businesses”
Lawsuit Puts ‘Homeless Alcoholics’ in the Spotlight.
I read an article this morning from the ABAJoural entitled: Civil rights suit says Virginia ‘drunkard’ law criminalizes those who are homeless alcoholics. According to the article, a federal civil rights suit filed Thursday in Roanoke, Virginia says two cities are unconstitutionally jailing homeless alcoholics. A fact sheet provided by the attorneys representing the individuals stated: “AsContinue reading “Lawsuit Puts ‘Homeless Alcoholics’ in the Spotlight.”
Business Startups: Don’t make these mistakes.
Happy Friday! I love reading Michigan Court of Appeals decisions. Even if it is not a significant decision related to a novel legal issue, cases usually do a good job of demonstrating pitfalls for people to watch out for. Take for instance, the Phillips v TruFit case decided on February 9th of this year. This case providesContinue reading “Business Startups: Don’t make these mistakes.”
Business Owners: Understand the Real Cost of Litigation.
This morning I was reading a legal blog “Above the Law” – the article was written by an attorney named John Balestriere The article was titled “The Un-Sweet Spot Of Litigation“ This article provides very practical advice for my clients – small/closely-held businesses. John makes a great point – the court system is impractical for “most disputes”.Continue reading “Business Owners: Understand the Real Cost of Litigation.”
Business Law Update: Michigan Bill Would Restrict Non-Competition Agreements
On February 3, 2016 House Bill 5311 was introduced. If passed it would limit the enforceability of a non-competition agreement signed between an employer and an employee. Check out the text of the bill here The Bill was referred to the committee on commerce and trade. The Bill has a few key components to it: 1. Require EmployersContinue reading “Business Law Update: Michigan Bill Would Restrict Non-Competition Agreements”
They Did What? Real Estate Legal News: Be Careful What you Record Against Real Estate.
Yesterday an Oregon Couple plead guilty to filing “retaliatory liens” on the property of a federal judge and other government officials. The liens exceeded $100 Million. The couple allegedly filed the liens while charges were pending against them for unpaid taxes. Absurd. Can you imagine going to a closing on your home, or refinancing aContinue reading “They Did What? Real Estate Legal News: Be Careful What you Record Against Real Estate.”
Purpose Driven General Counsel 